United States First Circuit

In disputing the 1996 sale of his corporation to defendant, plaintiff adduced no evidence suggesting that an officer-purchaser of a company's stock has a burden, over and above the duty of establishing adequate disclosure, to prove to the jury that the sale was fair and reasonable to the seller in some general sense.

Appellate Information

• Decided 02/19/2004
• Published 02/19/2004

Judges

• CAMPBELL, Senior Circuit Judge., Before LIPEZ, Circuit Judge, CAMPBELL, Senior Circuit Judge, and HOWARD, Circuit Judge.

Court

• United States First Circuit

Counsel

• For Appellant:
  
• Franklin H. Levy with whom Eve M. Slattery and Dwyer & Collora, LLP were on brief for appellant.


• For Appellees:
  
• James D. O'Brien, Jr. with whom Lisa D. Tingue and Mountain, Dearborn & Whiting, LLP were on brief for appellee.